GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Goldstream Minerals Inc (TSXV:GSX.H) » Definitions » Equity-to-Asset

Goldstream Minerals (TSXV:GSX.H) Equity-to-Asset : -0.11 (As of Dec. 2019)


View and export this data going back to 2003. Start your Free Trial

What is Goldstream Minerals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Goldstream Minerals's Total Stockholders Equity for the quarter that ended in Dec. 2019 was C$-0.04 Mil. Goldstream Minerals's Total Assets for the quarter that ended in Dec. 2019 was C$0.34 Mil.

The historical rank and industry rank for Goldstream Minerals's Equity-to-Asset or its related term are showing as below:

TSXV:GSX.H's Equity-to-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: 0.8
* Ranked among companies with meaningful Equity-to-Asset only.

Goldstream Minerals Equity-to-Asset Historical Data

The historical data trend for Goldstream Minerals's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Goldstream Minerals Equity-to-Asset Chart

Goldstream Minerals Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -83.60 0.10 -43.00 0.48 -0.11

Goldstream Minerals Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.48 0.35 0.20 0.04 -0.11

Competitive Comparison of Goldstream Minerals's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Goldstream Minerals's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Goldstream Minerals's Equity-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Goldstream Minerals's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Goldstream Minerals's Equity-to-Asset falls into.



Goldstream Minerals Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Goldstream Minerals's Equity to Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Equity to Asset (A: Dec. 2019 )=Total Stockholders Equity/Total Assets
=-0.038/0.343
=

Goldstream Minerals's Equity to Asset Ratio for the quarter that ended in Dec. 2019 is calculated as

Equity to Asset (Q: Dec. 2019 )=Total Stockholders Equity/Total Assets
=-0.038/0.343
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Goldstream Minerals  (TSXV:GSX.H) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Goldstream Minerals Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Goldstream Minerals's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Goldstream Minerals (TSXV:GSX.H) Business Description

Traded in Other Exchanges
N/A
Address
366 Bay Street, Suite 200, Toronto, ON, CAN, M5H 4B2
Goldstream Minerals Inc is an exploration stage junior mining company. The company is engaged in the business of identification, acquisition and exploration of mineral interests.

Goldstream Minerals (TSXV:GSX.H) Headlines

No Headlines